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Aida Magdalena
Every two weeks the members of the village bank known as Estancia Vieja meet in the neighborhood of Estancia Vieja, located in the Colon parish of the city of Portoviejo. This area is home to humble people who work in agriculture and general trade.

Aida lives in this area. She is 48 years of age, married and has five children with her husband. Three of her children are adults, while the other two are 16 and 15 years of age. These younger children are at school and live with her. Her husband is a caretaker.

Aida is a housewife, and to obtain her own income and help her husband with the household expenses, she sells costume jewelry and accessories for women. At the weekends and during fair time she goes to other cantons, where she sets up a small stall to sell her products. These include bracelets, necklaces, bows, hair accessories and other items. She has worked in this way for more than five years, and has been very successful.


She plans to use this loan is to buy costume jewelry and accessories for women. Aida has been with the communal bank since it was first set up, and she likes it because the loans obtained have been able to finance her business. Her dream is to have a car to use when selling her products.
View original language description ↓
En el sector conocido como Estancia Vieja en la parroquia Colon de la ciudad de Portoviejo se reúnen cada quince días las socias del Banco Comunal Estancia Vieja. Lugar de gente humilde y dedicada a la agricultura y al comercio en general.

En este lugar conocimos a la señora Aida, tiene 48 años de edad, está casada y de esta relación tienen cinco hijos, tres mayores de edad y dos de 16 y 15 de edad los mismos que estudian en colegio y son los que aun viven con ella. Su esposo es guardián.

Nuestra amiga es una ama de casa que para obtener sus propios recursos y con esto poder ayudar a su esposo en los gastos del hogar se dedica a la venta de bisutería y accesorios para damas, ella se desplaza los fines de semana y en temporadas de ferias a otros cantones donde instala un pequeño puesto para vender sus productos, ella vende pulseras, collares, lasos, moños y varias cosas más, tiene más de 5 años que se dedica a esta actividad y le va muy bien.

Este crédito es para comprar bisutería y accesorios para damas. Esta desde el inicio en el Banco Comunal y le gusta porque con los créditos pudo financiar su negocio.

Su sueño es tener un carro para realizar sus ventas.

About Ecuador

  • $10,200
    Average annual income
  • 39
    View loans »
    Ecuador Loans Fundraising
  • $23,419,050
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $675 helped Aida Magdalena to buy costume jewelry and accessories for women.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 27, 2012
Listed
May 17, 2012
Currency Exchange Loss:
N/A
Ended:
Sep 15, 2012